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Rep. Ted Budd Helps Secure COVID-19 Funding For Restaurants and Hotels

Press Release

By: Ted Budd
By: Ted Budd
Date: Dec. 2, 2020
Location: Washington, DC
Issues: Health and Health Care

Today, Rep. Ted Budd (NC-13) announced that he helped secure a $172,115 grant from the Economic Development Administration (EDA). The grant, "supports the North Carolina Restaurant and Lodging Association with providing focused technical assistance directly to hospitality businesses across the state of North Carolina that were adversely impacted by COVID-19."

Rep. Budd sent a letter to the EDA on July 27, 2020 requesting this grant funding for small North Carolina restaurants and hotels.

The grant's full description reads:

"This EDA investment supports the North Carolina Restaurant and Lodging Association with providing focused technical assistance directly to hospitality businesses across the state of North Carolina that were adversely impacted by COVID-19. The technical assistance will include support for restaurants navigating changing supply chains, web and marketing support and recommendations and support to identify loans and operational and regulatory issues that are posing challenges to companies looking to fully reopen. Once implemented, the project will strengthen the regional economy and advance economic resiliency throughout the region. The CARES Act, signed into law by President Donald J. Trump on March 27, 2020, provides EDA with $1.5 billion for economic development assistance programs to help communities prevent, prepare for, and respond to coronavirus."


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